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U.S. will honor clunker rebates until Senate acts, DOT chief says

The Obama administration will fund the cash for clunkers program until the Senate decides whether to add $2 billion to the original $1 billion fund that is likely to be depleted this weekend, U.S. Transportation Secretary Ray LaHood said today. He said the administration would honor dealer rebate applications filed at least through Tuesday, Aug.

One Lap of the Web: Moby Dick, mass transit failures, and the return of the Ford Rotunda

-- The Porsche 935/78 race car, perhaps better known as Moby Dick, looks a bit like a typical 911 that someone heated up until it was pliable and then slowly, carefully stretched until its nose and tail were elongated past the point of absurdity. And then someone else came along and stuck a giant wing on the back. But it is a real car, and Speedhunters has proof in the form of a photo essay.

Cadillac CTS-V priced to undercut M5, XFR

By Gareth Evans Motor Industry 21 January 2009 10:17 Cadillac’s new CTS-V supersaloon – claimed to be the be the most powerful Cadillac ever built – will undercut its European competition by several thousand pounds. Prices will start at £56,495, positioning the new Cadillac CTS-V just below the new Jaguar XF-R (£59,900) and comfortably undercutting German rivals such as the BMW M5 (£63,325) and Audi RS6 (a fulsome £74,550). Performance figures for the CTS-V make interesting reading, with 60mph being dispatched in 3.9 seconds and a top speed of 191mph for the manual car (175mph for the automatic).